MEO meo australia limited

iam, page-21

  1. iam
    1,149 Posts.
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    Hi Fred

    Like you say there could be more formations down there that show promise than just the two main targets.

    The Baillieu report states the over-pressured gas zone is in the Withnall formation c.300m above Calypso, the primary target.

    Withnell is late Cretaceous whilst Calypso/LG is mid/late jurassic.

    I remember one of the targets of Zeus#1 was the Forestier sands so there could be a few surprises down there.

    More should be revealed in tomorrow's weekly progress report.

    Like you say, early indications are certainly looking good.

    #:>))
 
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